Established Diner on Route
For Sale
$199,900
22474 US Route 11, Pamelia, NY 13601
Well-known diner with building and business for sale.
Property Size1,600 SF
Price / SF$124.94
Days on Market312
Property Features for 22474 US Route 11
General Information
Standard status
Active
Size
1,600 SF
Property subtype
CommercialSale
Listing Agency:
Howard Hanna-Watertown
Listed By:
Vicki S Bulger
(315) 788-4444
Source:
Nicholcityrealty
Added: Nov 27, 2025
Changed: Sep 24
Last Checked: Oct 4 at 1:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna-Watertown
Investment Insights
Based on property information with market context.
The Crossroads Diner, a long-standing establishment on Route 11, is available for sale, including both the building and the business. This diner has been operating for decades and is known for its food and service. The sale encompasses all inventory. The diner has seating for approximately 35 patrons.
Key Highlights
- Established, decades‑old business with a strong reputation.
- Opportunity to be your own boss.
- Sale includes both the building and the business.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,416
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,320
$328.3K
Cap Rate 7%
$234,514
$234.5K
Cap Rate 9%
$182,400
$182.4K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$22.8K $14.28/SF
− Vacancy
−$960 −$0.60/SF
EGI
$21.9K $13.68/SF
− OpEx
−$5.5K −$3.42/SF
NOI
$16.4K $10.26/SF
Area
Jefferson County, NY
Vacancy
4.20%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,320
Cap Rate 7%
$234,514
Cap Rate 9%
$182,400
Alternative Uses
Best Use
Retail
$275.9K
$241.4K – $321.9K
NOI $19,313 @ 7.0% cap · market cap 9.66%
Second Best
Specialty Retail
$234.5K
$205.2K – $273.6K
NOI $16,416 @ 7.0% cap · market cap 8.21%
Theoretical Best
Office A
$441.1K
$385.9K – $514.6K
NOI $30,874 @ 7.0% cap · market cap 15.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
141k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 56%
Shops & Services 24%
Dining 17%
Electronics 3%
Walmart
Superstores
79,676 visits/mo
0.4 miles
Taco Bell
Dining
17,383 visits/mo
0.4 miles
Dollar Tree
Shops & Services
12,195 visits/mo
0.4 miles
Splash Car Wash Express
Shops & Services
10,994 visits/mo
0.3 miles
Sunoco
Shops & Services
7,409 visits/mo
0.3 miles
Demographics for 13601, NY
37,287
Population
18,653
Households
2
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
140.8 sq mi
ZIP Area
265
Density / Sq Mi
$57,503
Median Household Income
$37,061
Median Earnings
$974
Median Rent
$170,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Wendy’s — 26586 Valentine Dr, Evans Mills, NY 13637
Frequently Asked Questions
What type of property is this?
Breakfast & diner - Well-known diner with building and business for sale.
Where is this breakfast & diner located?
The property is located at 22474 US Route 11 Pamelia, NY.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Established, decades‑old business with a strong reputation.; Opportunity to be your own boss.; Sale includes both the building and the business.
